Review: The Ultimate Question: Driving Good Profits and True Growth
July 26th, 2010
One Question Can Determine Your Businessâs Future. Do You Know the Answer?
CEOs regularly announce ambitious growth targets, then fail to achieve them. The reason? Their growing addiction to bad profits. These corporate steroids boost short-term earnings but alienate customers. They undermine growth by creating legions of detractorsâcustomers who complain loudly about the company and switch to competitors at the earliest opportunity.
Now loyalty expert Fred Reichheld shows how to reverse the equation, turning customers into promoters who generate good profits and true, sustainable growth. The key: one simple questionâWould you recommend us to a friend?âthat allows companies to track promoters and detractors and produces a clear measure of an organizationâs performance through its customersâ eyes. In industry after industry, this “Net Promoter Score” is the single most reliable indicator of a companyâs ability to grow.
Based on extensive research, The Ultimate Question shows how companies can rigorously measure Net Promoter statistics, help managers improve them, and create communities of passionate advocates that stimulate innovation. Vivid stories from leading-edge organizations illustrate the ideas in practice.
Practical and compelling, this is the one bookâand the one toolâno growth-minded leader can afford to miss.
